This property looks like a bad Mid-Term investment with a projected -1.28% first-year return on $86,250 initial cash invested.
-1.28%
Cash On Cash
6.38%
Cap Rate
1.01
DSCR
$2,811
Rent
-$92
Cashflow
Cash Flow
$2,811 income − $2,903 expenses = $92 out of pocket
Investment Breakdown
|
Purchase Price
$325k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$86,250
Downpayment
20%
$65,000
Closing costs
1%
$3,250
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,811
Total Expenses
$2,903
Mortgage P&I
61%
$1,709
Property Taxes
4%
$126
Home Insurance
4%
$114
HOA
0%
$0
Property Management
12%
$337
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$309